Posted by Yuming > 2014-04-21 16:45 | Report Abuse

pioty, why u didnt share that day???

Posted by piotoy38 > 2014-04-21 17:23 | Report Abuse

Seems that this forum is very much support of the price now..which all believe price intact.didnt wanted to go against that..but as we see forward and today's price action..feel that we can trade for all benefit..no contra guys..

Posted by manutdchampion > 2014-04-21 17:25 | Report Abuse

piotoy38:i bought at 0.755 should i hold it?

Posted by piotoy38 > 2014-04-21 17:26 | Report Abuse

Yuming skpress could be next bright..watch it..

Posted by zamsaham > 2014-04-21 17:26 | Report Abuse

Bought 200 lots at 0.740

Will buy in again upon next crash.

Posted by saddiqsepakraga > 2014-04-21 17:28 | Report Abuse

hmmm...sdr begitu yakin ya....noted.

Posted by piotoy38 > 2014-04-21 17:36 | Report Abuse

Manu its up to ur loss tolerance n holding period..believe it wont go back to 0.63 levels again..

Posted by TraCyjz > 2014-04-21 18:19 | Report Abuse

Why throw ? This is potential company and now just healthy correction .trend is still uptrend.

Posted by TraCyjz > 2014-04-21 18:38 | Report Abuse

Quarter result positive

Posted by HC Lee > 2014-04-21 18:40 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1598777 ....Revenue up, profit up....so logically price shd be up also

Posted by TraCyjz > 2014-04-21 18:54 | Report Abuse

I see no reason throwing this stock.

Posted by TraCyjz > 2014-04-21 19:00 | Report Abuse

already released.

Posted by KJ Cheah > 2014-04-21 19:05 | Report Abuse

good !!!! tomolo will fly

Posted by piotoy38 > 2014-04-21 19:07 | Report Abuse

HC Lee although i still doubt ur judgement but we shall see tomorrow...

Posted by Yunnan > 2014-04-21 19:22 | Report Abuse

Clean company without borrowing.

Posted by Yunnan > 2014-04-21 20:05 | Report Abuse

I thought the old directors have been removed and replaced.

Posted by Yunnan > 2014-04-21 20:13 | Report Abuse

I see. Will the uptrend continue? Notice that the current year result was also contributed by other income.

Posted by trader8899 > 2014-04-21 20:20 | Report Abuse

Bulls not participating in today's downdraft. Bright closed 74 sen one notch down below the 10-day EMA of 74.5sen. I found it hard to believe no bargain hunting came to take position at the last hour of trading. I thought it was a temporary reaction to the SIS announcement. Finally the earnings result came out earlier than expected. My prediction is around 3-4 sen EPS. It came at 2.25 sen way off the line. No wonder smart monies are staying home today. No WOW! factor to excite the market tomorrow either. Since it was an ordinary earnings and the chart pattern is still positive, market participations will enter the market to buy on dip and punters will sell on poor earnings news. Going forward this stock will move up steadily if the revenue continue to show improvements quarter by quarter. A company with profit margin of 20% of Sales is definitely a must stock to have.

Happy Investing! Buy at your own risk.

Posted by rajaumnok > 2014-04-21 22:41 | Report Abuse

results just out, company increase it's profits by 41.85%...so tomorrow start to naik?

Monday, 21 Apr 2014

5:34PM 1H net profit 4.708 million (increased 41.85%)

Posted by piotoy38 > 2014-04-21 23:08 | Report Abuse

Dear forumers, thank you all for your inputs on the latest report and how it might impact the price movement.But clearly i see none.I believe partial support at today price range may have come from some of you with hope for a rebound on better earnings report.But sorry to disppoint you guys that i see price movement is moving downward again n will be for the next few days..for those who enter a month ago your price could be 0.63-.675 and now profit taking maybe the best solution for now...

Posted by piotoy38 > 2014-04-21 23:34 | Report Abuse

One pointed last friday announcement of SIS which may have biggest impact in my view.Reason being Ricky n team will pay a price for the shares allotted to at price determine later..which i think will not be more than 0.55 previous rights issue and if it does wont be much high difference.So u think how far it can go from now...

Posted by piotoy38 > 2014-04-21 23:48 | Report Abuse

The downside risk is now far greater than the upside potential which i would say 0.69 would be the next level and further buying opportunity would be at 0.66-.67 (safe level).Those who enter during last few days which your entry price maybe around closing price today and higher will have to bear with the minor losses or just hold for a duration of a month from now..If bright is truly an unpolished gem we shall see in a month time..maybe less just 18 days of trading.cheers

Posted by stockraider > 2014-04-21 23:50 | Report Abuse

Raider pick bright packaging rm 0.745 as another leech stock portfolio

Posted by piotoy38 > 2014-04-22 00:05 | Report Abuse

Last but not the last from me take a look at the plant and machinery value which increased by RM37.3 mil by utilizing the proceeds from right issue.This new management really has the speed in using money in blink of an eye..buying lousy metals or actual new equipment that can generate revenue?Only time will tell in few mths from now as they announce next report...

Posted by piotoy38 > 2014-04-22 00:30 | Report Abuse

Fortune read my postings and you will know where i have gone.another 10+% maybe or maybe more...18 days of trading is the timeline for bright to outperform but it shud be half the time to know if it will perform..but current price to buy in? Not now but as said above..

Posted by piotoy38 > 2014-04-22 00:44 | Report Abuse

Someone with background support but in the wrong industry..amedia? thank god it is still not under pn17...guess it wont be as a matter of time hot shots like AL-B might buy in n takeover....

Posted by trader8899 > 2014-04-22 09:18 | Report Abuse

as expected no WOW factor to excite the counter. If it can hold at 73.5 sen for 30 min you can expect an up day for this stock.

Posted by ahbeng77 > 2014-04-22 09:25 | Report Abuse

profit taking now! let it rest for a while will continue to move up after that.

Posted by HC Lee > 2014-04-22 09:28 | Report Abuse

Wow factor will probably only comes in the next qtrly report...that time you will see the fruits of the new machineries in production. Meanwhile it will be good to accumulate on dips.

Posted by ahbeng77 > 2014-04-22 09:30 | Report Abuse

as long as the production is on going, i don't see any problem to this counter.... happy trading

Posted by Ryan Chong > 2014-04-22 09:36 | Report Abuse

insider throw stock sure have their own reason, be caution bro, no matter how good it looks like, as long the insider throw stock, sure have big shit happens soon

Posted by piotoy38 > 2014-04-22 09:56 | Report Abuse

If price slice to 0.70 today you will ptobably see another cut in price to 0.65 in 2 days..should buy at dips but not now just wait..

Posted by manutdchampion > 2014-04-22 10:06 | Report Abuse

Have anyone ask mr.ooitb should hold or sell?

Posted by merz > 2014-04-22 10:33 | Report Abuse

Looks like syndicate push down to collect , bright future with new production line , company with no borrowing , cash in hand 30m , very cheap , hold on.

Posted by TraCyjz > 2014-04-22 10:55 | Report Abuse

Washing machines

Posted by sleeplessguy > 2014-04-22 11:07 | Report Abuse

here the calculation for accumulation of first 2 quarter report:
Current ratio : 11.4
working capital : ~38 mil
Debt to equity ratio : 0.037
EPS : 8.52
PE : 8.6
ROE : 5%
D/Y : n/a
NTA : 0.755

Fundamental still strong, the bad is no dividend yield, NTA drop, proposal of share issuance scheme may dilute the EPS.

Posted by kllow > 2014-04-22 12:31 | Report Abuse

What is the cause of NTA drops ?

Posted by rajaumnok > 2014-04-22 13:00 | Report Abuse

Posted by merz > Apr 22, 2014 10:33 AM | Report Abuse

Looks like syndicate push down to collect , bright future with new production line , company with no borrowing , cash in hand 30m , very cheap , hold on.


yes indeed....so buy & collect my friends, you won't be disappointed.

Posted by Yunnan > 2014-04-22 13:08 | Report Abuse

NTA drop because of right issue issued at RM0.50 which is lower than NTA at that time.

Posted by piotoy38 > 2014-04-22 13:21 | Report Abuse

Dear All, as at closing 12.30pm price attempt to bounce back abv closing price 0.74 but failed to climb higher into positive made territory.Outlook for rest of the day will still be negative and presume will trend lower to 0.70.

Posted by piotoy38 > 2014-04-22 13:27 | Report Abuse

Even though price drop subside today, it doesn't mean price will hold as long term macd is already negative and shows negative number is increasing..As said earlier a lot of you guys bought in abv current price and now in loss mode and best is to average more lots at lower price.Hold your buys!

Posted by TraCyjz > 2014-04-22 14:09 | Report Abuse

No body expect bright to shoot up immediately..macd and RSI can calculate in another way...

Posted by qwerty > 2014-04-22 15:38 | Report Abuse

Looks likely to rebound soon, later today or tomorrow.

Posted by trader8899 > 2014-04-22 21:46 | Report Abuse

Bright could not hold at 73.5sen for 30 min after the opening trade. It continues to slide way down to 72.5sen. I sold all my Bright-wb today at 28 sen as the underlying stock is getting farther from the excercise price of 82 sen. Next major support is at 68 sen. Looking at the small body of the candle bar and volume today price should start to form a doji tomorrow as the tug-of-war between BULL and BEAR is still finding their equilibrium. Many traders will wait for the 68 sen entry level but I doubt it will go below 70 sen. This is another psychology level Bright must penetrate before a Bearish mode is confirmed. So far price is slightly below 10-day EMA and all trend indicators are still positive.

Posted by scott > 2014-04-22 23:04 | Report Abuse

So should I get in now ?? Still considering ...

Posted by TraCyjz > 2014-04-22 23:09 | Report Abuse

Selling pressure nearly end ..lets see what happen tmr..bright is profitable co anyway..no harm buying and keep..

Posted by piotoy38 > 2014-04-22 23:48 | Report Abuse

Trader you are damn right about the support @ 0.68 as usually prices will go to the unexpected oversold levels and then rebound back..let see if it does but i hope not...

Posted by bowman > 2014-04-23 07:23 | Report Abuse

If drops to 63sen, grab and run.

Posted by trader8899 > 2014-04-23 09:45 | Report Abuse

tq piotoy. Bull finally take charge after 3 losing days. Bargain hunting entering the market cautiously (low volume) and price should close today on positive note.

Posted by Atlas > 2014-04-23 09:49 | Report Abuse

rebound pattern confirmed